Differential Investors’ Response to Restatement Announcements: An Empirical Investigation
When firms announce a restatement of their financial reports, they inform investors that their prior announcements were faulty. Not only do companies lose credibility at times such as this but also their securities are revalued as investors respond to the substance of the announcement. We investigat...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Tripal Publishing House
2018-02-01
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| Series: | Journal of Economics and Financial Analysis |
| Subjects: | |
| Online Access: | https://ojs.tripaledu.com/index.php/jefa/article/view/37 |